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04 May 2023 • By Charbel Kadib • 1 min read

‘Mega’ funds expand share of super sector

Market volatility has widened the competitive gap in the superannuation industry, with seven of Australia’s largest funds increasing their collective ...

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Magellan outflows continue in April

The fund manager released its monthly funds under management (FUM) update, which showed considerable outflows. Magellan Financial Group has ...

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Short-term bonds in vogue amid extended rate horizon

“Buying the dip” is not appropriate in the current environment, with higher interest rates to remain in place for longer than anticipated as ...

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Lowe says ‘strong consensus’ behind surprise rate hike

The Reserve Bank governor has defended the central bank’s surprise decision to resume its hiking cycle following a wave of criticism from economists ...

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Westpac’s Evans warns against ‘radical’ RBA monetary policy board model

According to Westpac’s chief economist, the proposed structure of the RBA’s monetary policy board is more radical than the models used in other ...

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ASIC calls for improved compliance with DDO regime, flags closer scrutiny

The regulator has urged investment product issuers to “lift their game”. A review undertaken by the Australian Securities and Investments ...

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How much do we really care about responsible investing?

Being green is easy when markets are running hot. But how important is ESG to investors when returns are harder to come by? One could argue that ...

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Sustainable inflows tumble in Q1

The bounce back in sustainable investment flows was short-lived, with inflows plummeting in the first quarter of 2023. According to investment ...

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Jefferies accused of ‘malpractice’ by Icahn short sellers

The major investment bank has become embroiled in a short attack against corporate activist and former Trump adviser Carl Icahn’s investment group

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Ord Minnett pays $888k over alleged contraventions of market integrity rules

ASIC’s Markets Disciplinary Panel issued the firm with an infringement notice. Ord Minnett had paid a penalty of $888,000 to comply with an ...

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